Technical analysis by CryptoWithJames about Symbol CAKE: Buy recommendation (7/28/2025)

Pattern: Falling Wedge Breakout Current Price: \$3.199 Target Price: \$4.50 Target % Gain: 90.24% Technical Analysis: CAKE has broken out of a long-term falling wedge on the daily chart, supported by strong bullish candles and increased volume. Price has cleanly closed above trendline resistance, indicating potential continuation toward \$4.50. Time Frame: 1D